Square is Granted a BitLicense

The payment firm Square is granted a BitLicense from New York regulators, according to a press release published on June 18. The New York State Department of Financial Services (DFS) announced that it had approved Square's application for a cryptocurrency license, which was submitted in March. Maria T. Vullo, a Financial Services Superintendent, mentioned, "DFS … Continue reading Square is Granted a BitLicense

The First New-York Based Cryptocurrency Trading Firm Obtains a BitLicense

Genesis Global Trading, a leading over-the-counter digital currency trader is the first New-York based cryptocurrency trading firm that obtains a BitLicense by the New York Department of Financial Services (DFS), according to a press release published on May 17. The license allows the digital currency trader to facilitate the trading of many cryptocurrencies including bitcoin. … Continue reading The First New-York Based Cryptocurrency Trading Firm Obtains a BitLicense